SI No

Particulars

31.03.2018

31.03.2017

1

Capital to Risk (Weighted) Assets Ratio

i) CRAR(%)

17.22

19.73

ii) CRAR - Tier I Capital (%)

13.20

12.60

iii) CRAR - Tier II Capital (%)

4.02

7.13

iv) Amount of subordinated debt considered as Tier-II capital

1,818.48

5,134.13

v) Amount raised by issue of Perpetual Debt Instruments

-

-

2

Investments

i) Value of Investments

Gross Value of Investments

a) In India

2,702.75

2,604.90

b) Outside India

-

-

ii) Provisions for diminution in value of investments

a) In India

136.90

43.74

b) Outside India

-

-

iii) Net Value of Investments

a) In India

2,565.85

2,561.16

b) Outside India

-

-

Movement of provisions held towards diminution in value

of investments

(i) Opening balance

43.74

24.39

(ii) Add : Provisions made during the year

93.16

19.35

(iii) Less: Write-off/ write-back of excess provisions during the year

-

-

(iv) Closing balance

136.90

43.74

3

Derivatives

(i) Forward Rate Agreement/Interest Rate Swap

Nil

Nil

(ii) Exchange Traded Interest Rate (IR) Derivatives

Nil

Nil

(iii) Disclosures on Risk Exposure in Derivatives Qualitative Disclosure:

Nil

Nil

The Company has no derivatives transactions

4

Disclosures relating to Securitisation

(i) SPV and Minimum Retention Requirements

Nil

Nil

(ii) Details of Financial Assets sold to Securitisation/Reconstruction

Nil

Nil

Company for Asset Reconstruction

(iii) Details of Assignment transactions undertaken by NBFCs

Nil

Nil

(iv) Details of non-performing financial assets purchased/sold:

a) Details of non-performing financial assets purchased

Nil

Nil

b) Details of Non-performing financial assets sold

Nil

Nil

5

Asset Liability Management Maturity pattern of certain items of Assets and Liabilities as on 31.3.2018

SI No

Particulars

Upto 30/31 days

Over 1 Month upto 2 Months

Over 2 Months upto 3 Months

Over 3 Mths & upto 6 Months

Over 6 Months & upto 1 year

Over 1 year & upto 3 years

Over 3 years & upto 5 years

Over 5 years

Total

(i)

Deposits

449.28

640.02

634.76

3,172.08

2,337.41

9,063.18

_

_

16,296.73

(ii)

Advances

3,424.72

5,123.63

4,128.43

11,322.31

21,298.81

41,499.32

3,119.66

-

89,916.88

(iii)

Investments

_

_

_

_

136.31

147.45

522.82

1,759.27

2,565.85

(iv)

Borrowings

1,055.32

4,249.39

535.80

2,433.46

19,793.65

27,088.88

9,506.45

-

64,662.95

(v)

Foreign Currency Assets

-

-

-

-

-

-

-

-

-

(vi)

Foreign Currency Liabilities

_

_

_

_

_

_

_

_

_

Asset Liability Management Maturity pattern of certain items of Assets and Liabilities as on 31.3.2017

SI No

Particulars

Upto 30/31 days

Over 1 Month upto 2 Months

Over 2 Months upto 3 Months

Over 3 Mths & upto 6 Months

Over 6 Months & upto 1 year

Over 1 year & upto 3 years

Over 3 years & upto 5 years

Over 5 years

Total

(i)

Deposits

1,050.06

801.73

855.99

3,497.48

1,150.88

7,602.92

-

-

14,959.06

(ii)

Advances

3,983.26

4,319.91

4,236.27

12,382.80

21,019.33

42,363.36

2,880.43

-

91,185.36

(iii)

Investments

-

-

-

-

-

283.76

204.44

2,072.96

2,561.16

(iv)

Borrowings

809.22

517.21

551.47

1,688.53

3,694.21

50,764.05

7,006.45

2,500.00

67,531.14

(v)

Foreign Currency Assets

-

-

-

-

-

-

-

-

-

(VI)

Foreign Currency Liabilities

SI No

Particulars

31.03.2018

31.03.2017

6

Exposure

i) Exposure to Real Estate Sector

Nil

Nil

ii) Exposure to Capital Market:

Nil

Nil

a Direct investment in equity shares, convertible bonds, convertible debentures and units of equity-oriented mutual funds the corpus of which is not exclusively invested in corporate debt

226.14

226.14

b Advances against shares/bonds/debentures or other securities or on clean basis to individuals for investment in shares (including IPOs/ ESOPs), convertible bonds, convertible debentures and units of equity-oriented mutual funds

c Advances for any other purposes where shares or convertible bonds or convertible debentures or units of equity oriented mutual funds are taken as primary security

d Advances for any other purposes to the extent secured by the collateral security of shares or convertible bonds or convertible debentures or units of equity oriented mutual funds i.e. where the primary security other than shares/convertible bonds/convertible debentures/units of equity oriented mutual funds does not fully cover the advances;

e Secured and unsecured advances to stockbrokers and guarantees issued on behalf of stockbrokers and market makers

.

f Loans sanctioned to corporates against the security of shares/bonds/ debentures or other securities or on clean basis for meeting promoter's contribution to the equity of new companies in anticipation of raising resources

g Bridge loans to companies against expected equity flows/issues

-

-

h All exposures to Venture Capital Funds (both registered and unregistered)

-

-

Total Exposure to Capital Market

226.14

226.14

iii) Details of financing of parent company products

Nil

Nil

iv) Details of Single Borrower Limit (SBL)/Group Borrower Limit (GBL) exceeded by the NBFC

Nil

Nil

v) Unsecured Advances

987.45

1,515.00

7

Miscellaneous

i) Registration obtained from other financial sector regulators

NA

NA

ii) Disclosure of penalties imposed by RBI and other regulators

-

-

iii) Related Party Transactions - Refer Note No. 32

iv) Ratings assigned by credit rating agencies and migration of ratings during the year

SI No

Particulars

31.03.2018

31.03.2017

SI No

Particulars

ICRA Ltd

(i)

Deposits

MA-

(ii)

Debentures

BBB

(iii)

Long-Term Borrowings

BBB

(iv)

Short-Term Borrowings

A2

Migration of ratings during the year : NIL

v) Remuneration of Directors Ref. Page No. 33 of Corporate Governence Report 2018

vi) Management Ref. Management and Discussion and Analysis Report on Page No. 8

vii) Net Profit or Loss for the period, prior period items and changes in accounting policies

Nil

75.86

8

Other Disclosures

i) Provisions and Contingencies

Break up of 'Provisions and Contingencies' shown under the head Expenditure in the Statement of Profit and Loss

a Provisions for diminution in value of Investment

93.16

19.35

b Provision towards NPA

309.21

173.07

c Provision for Standard Assets

44.04

31.90

d Provision made towards Income tax

661.32

435.98

e Other Provision and Contingencies (with details)

-

-

ii) Draw-down from Reserves

1000.00

Nil

iii) Concentration of Deposits, Advances, Exposures and NPAs a Concentration of Deposits: Total Deposits of twenty largest depositors

272.99

214.82

Percentage of Deposits of twenty largest depositors to Total Deposits

1.68%

1.44%

b Concentration of Advances: Total Advances to twenty largest borrowers

1,750.34

1,525.03

Percentage of Advances to twenty largest borrowers to Total Advances

1.94%

1.68%

c Concentration of Exposures:

Total Exposure to twenty largest borrowers/customers

1,619.42

1,324.64

Percentage of Exposures to twenty largest borrowers/customers to Total Exposure of the NBFC on borrowers/customers

1.79%

1.46%

d Concentration of NPAs: Total Exposure to top four NPA accounts

77.05

51.68

SI No

Particulars

31.03.2018

31.03.2017

e Sector-wise NPAs

SI Sector No

% NPAs Advances sec

to Total in that tor

i) Agriculture and allied activities

-

-

ii) MSME-Engineering

0.48%

1.58%

iii) Corporate borrowers-Textiles

-

-

iv) Services-Others

4.19%

2.25%

v) Unsecured personal loans

-

-

vi) Auto loans-Transport

5.24%

4.44%

vii) Other personal loans

-

-

f Movement of NPAs

i) Net NPAs to Net Advances (%)

3.32

3.00

ii) Movement of Gross NPAs

Opening balance

3,952.44

1,678.99

Additions during the year

3,846.25

3,746.96

Reductions during the year

3,109.67

1,473.51

Closing balance

4,689.02

3,952.44

iii) Movement of Net NPAs Opening balance

2,737.69

821.17

Additions during the year

2,439.15

2,642.77

Reductions during the year

2,183.59

726.25

Closing balance

2,993.25

2,737.69

iv) Movement of provisions for NPAs: (excluding provisions on standard assets)

Opening balance

1,214.75

857.82

Provisions made during the year

1,407.09

1,104.19

Write-off / write-back of excess provisions

926.08

747.26

Closing balance

1,695.76

1,214.75

v) Overseas Assets (for those with Joint Ventures and Subsidiaries abroad)

Nil

Nil

vi) Off-balance Sheet SPVs sponsored (which are required to be consolidated as per accounting norms)

Nil

Nil

9

Disclosure of Complaints

a No. of complaints pending at the beginning of the year

Nil

Nil

b No. of complaints received during the year

1

7

c No. of complaints redressed during the year

1

7

d No. of complaints pending at the end of the year

Nil

Nil

Particulars

Amount Spent

a

Construction / acquisition of any asset

-

b

On purposes other than (a) above:

Promoting Education

72.68

Promoting Healthcare

-

Promoting Healthcare including preventive health care and others

2.70

Swachh Bharath Project

-

Promoting Sports

4.30

Others

-

Total

79.68

As per our report attached

For P.K. Nagarajan & Co

For and on behalf of the Board

Chartered Accountants

Firm Regn. No.:016676S

P.K. NAGARAJAN

M. BALASUBRAMANIAM

M. MANICKAM

Partner Membership No. 025679

Vice Chairman and Managing Director

Chairman

Coimbatore

S. VENKATESH

M.K. VIJAYARAGHAVAN

30th May 2018

Company Secretary

Chief Financial Officer